Re: Prospects
posted on
Oct 16, 2007 02:35PM
I agree with your taking a profit and not being too upset when market continues to go up. Maybe I'm being kind because misery loves company as I too lightened up on NOT for same reason. At least I didn't do it all at once and sold into rising market.
Most of my holdings do however stay in Noront and I just dabble in area plays. Probe isn't as much risk as others due to lack of share dilution and damn it they are so close to the rich discovery.
Everybody stock involved in this 'play' is overvalued at the moment and will be until some solid professional news comes out to prove what people are sitting on. One can guess there are more deposits like Noront found but lots of holes poked in the ground up there and nobody has come close to what they found.
My guess is that another Nickle, Platinum, Copper, Paladium deposit will be rare AND most likely found close by. Those deposits can walk a fair ways and if they walk onto Probe's property every body else can pick up there marbles and go home.